Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Sees Significant Growth in Short Interest

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) was the target of a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 44,100 shares, an increase of 7.3% from the July 31st total of 41,100 shares. Based on an average daily volume of 86,600 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in EOD. Bank of Montreal Can purchased a new stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the 2nd quarter worth about $289,000. Belvedere Trading LLC lifted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 88.2% during the 2nd quarter. Belvedere Trading LLC now owns 19,082 shares of the closed-end fund’s stock worth $83,000 after purchasing an additional 8,943 shares in the last quarter. Wolverine Asset Management LLC lifted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 377.4% during the 2nd quarter. Wolverine Asset Management LLC now owns 162,284 shares of the closed-end fund’s stock worth $706,000 after purchasing an additional 128,291 shares in the last quarter. Shaker Financial Services LLC lifted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 158.5% during the 2nd quarter. Shaker Financial Services LLC now owns 394,154 shares of the closed-end fund’s stock worth $1,754,000 after purchasing an additional 241,656 shares in the last quarter. Finally, Bensler LLC lifted its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 16.8% during the 2nd quarter. Bensler LLC now owns 1,412,041 shares of the closed-end fund’s stock worth $6,142,000 after purchasing an additional 203,517 shares in the last quarter.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Stock Down 0.2 %

Shares of NYSE EOD opened at $4.46 on Friday. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a one year low of $4.05 and a one year high of $5.16. The business’s fifty day moving average price is $4.38 and its 200-day moving average price is $4.38.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Tuesday, September 12th will be given a dividend of $0.1064 per share. The ex-dividend date is Monday, September 11th. This represents a $0.43 dividend on an annualized basis and a dividend yield of 9.54%.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Company Profile

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund is a closed-ended equity mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity markets across the globe.